3. Use the following information to calculate the change in the company's cash balance for the year.

Credit Sales	$796589
Cash Sales	$507287
Operating Expenses on Credit	$198528
Cash Operating Expenses	$697380
Accounts Receivable (Beg. of Year)	$48090
Accounts Receivable (End of Year)	$80919
Accounts Payable (Beg. of Year)	$48888
Accounts Payable (End of Year)	$101454
Income Taxes Paid	$158799

4. Based on the information in the table below, the change in cash for 2020 is

	December 2019	December 2020
Net Income	$2031	$4518
Accounts receivable	889	976
Accumulated depreciation	1033	1456
Common stock	4215	5148
Paid-in capital	7210	8042
Retained earnings	3252	3068
Accounts payable	702	714

5. Given the balance sheet information for Argon Corporation, what is the company's net income in 2020 if it paid a dividend of $95256 during the year?

	12/31/2020	12/31/2019
Current Assets	$50047	$44265
Fixed Assets	429942	349034
Current Liabilities	34179	50915
Long-term Debt	330613	269417
Common Stock + Paid-in Capital	5424	4558
Retained Earnings	?	?